CII promotes ‘Clean IT’ compliance to catalyze growth of automobile industry

24th February 2014 | By Mouseworld Now Correspondent |

Ganesh-Natarajan-Co-Chair-CII-National-Committee-on-Intellectual-Property-&-Vice-Chairman-and-CEO-at-Zensar-TechnologiesPUNE, February 24, 2014: The Confederation of Indian Industry (CII) has held a seminar in Pune with Japanese/Indian local automobile & ancillary manufacturers & suppliers. Various manufacturers and businesses located in Pune participated in the conference on ‘Emerging Risks in Automobile Industry in India and the role of IT Compliance in Strengthening Supply Chain’.

The seminar conducted by CII was attended by CEOs, CTOs, IT Managers of Japanese & Indian automobile and auto-component manufacturing companies. The businesses delegates and CII together discussed the importance of IT compliance which needs to be adhered by manufacturing setups to promote healthy and secure practices for economic development and growth of the automobile industry in India.
The Indian automobile and auto-component market has been clocking a healthy growth over the last decade. Many a Japanese automobile companies have been working with Indian local and global partners. Off late, India has attracted global interest as an emerging export hub. This has spurred growth in demand for local manufacturing exporters that constitute the global supply chain. This has necessitated compliance at all levels by local players to capture their share in the global market.

Dr. Ganesh Natarajan, Co-Chair-CII National Committee on Intellectual Property & Vice Chairman and CEO at Zensar Technologies said, “IT compliance is about respecting intellectual property and conducting business in a secure and ethical manner. Thus, managing Clean IT in the supply chain is an important step to enhance a company’s competitiveness.”

There is a huge cluster of manufacturing companies in Maharashtra located in Mumbai, Pune and Aurangabad. A Japanese industrial park is coming up in the area in the near future. This will turn Maharashtra into an important hub for Japanese Automobile companies. Since these companies will export auto parts, IT will play a very crucial role in promoting the businesses. IT compliance by building ‘Clean IT’ based on genuine and legal resources will boost business activities further.

Dr. K. Rangarajan, Head of Center for MSME Studies at the Indian Institute of Foreign Trade (IIFT) stressed, “With expected market size of USD 145 Bn by 2016, Indian Auto industry is all set to reaffirm its goliath position in global market. Where the domestic players have such a huge market to satisfy, they also have an increased competition pressure from their global counterparts many of whom come with exceptional best practices. Given the dependence of Automotive manufacturing sector on IT systems, use of genuine software and hardware will become a critical factor to recon for competitiveness. As the piracy rates of software in India is less than some of the countries competing for the US market, there lies the opportunity for the Indian exporters to move towards early compliance.”

India has a very high Software piracy rate compared to countries like Japan. Indian local businesses have faced the impact of adopting illegal practices. There is a potential risk involved in trading with such companies for Japanese as well as Indian auto & ancillary players. Thus, there is an increasing concern for Indian auto industry to be ready for potential risks of loss of market share when supplying to Japanese Manufacturers.

KPMG Business Advisory Director Masaru Okumura stressed the importance of building clean supply chains with ‘Clean IT’ by introducing the trends of corporate responsibility for the end product manufacturers & exporters to manage the whole supply chains for realizing fair global competition as well as for preventing intellectual property infringement, bribery, and conflict mineral use. He said ancillary manufacturers and suppliers should be ready for efficient response to the compliance audit.

Gouri Thounaojam of BSA explained the need for “Clean IT’ compliance in a promising but highly competitive global market. She said Verafirm, a portal developed by BSA, can help  help company to effectively manage software licenses to mitigate software non-compliance risks in their supply chains. Currently, around 120 companies in India have enrolled themselves on Verafirm.  Verafirm helps them to differentiate themselves in the marketplace and to maximize trust and security with their suppliers.
CII is an industry-led and industry-managed organization, with a membership of over 7100 members, from both the private as well as public sectors.

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